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PayPal launches Facebook application
Posted On 18 Nov 2011
PayPal, the company conducting financial transactions online, launched an application called “Send Money” on Facebook. It allows users to send money to each other on the social network.
“We’re joining the company’s largest financial transactions through Internet social network in the world, to make it even easier to send money to friends and family via Facebook,” said JB Coutinho, Director of Marketing PayPal, a blog.
PayPal will not charge for sending money to over 800million users of Facebook if transactions are made through bank accounts or online financial service company, owned by eBay.
(MS)